Office vacancy rises as supply overshoots demand
The uneven nature of office tower development means new supply was baked in already before the arrival of the pandemic in early 2020 disrupted demand for office space.
Source: afr.com
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Prominent business figure resigns after racially insensitive comments
Danni Hunter, executive director of the Property Council of Australia’s Victorian division, was on leave after apologising to staff.
Source: smh.com.au
ALEX BRUMMER: UK's flawed space odyssey | Daily Mail Online
The deal is a reminder of the ill-fated effort in 2012 to jam together BAE Systems and EADS (now renamed Airbus). It crashed amid a strong media campaign.
Source: dailymail.co.uk
ALEX BRUMMER: UK's flawed space odyssey
The deal is a reminder of the ill-fated effort in 2012 to jam together BAE Systems and EADS (now renamed Airbus). It crashed amid a strong media campaign.
Source: thisismoney.co.uk
Pandemic fears continue to stall return to office | Architecture & Design
According to the latest Office Occupancy survey by the Property Council of Australia conducted over the last week of June 2022, while Perth’s office occupancy rate continued to improve between May and June (63 to 65 per cent), and Melbourne had a marginal lift (48 to 49 per cent), occupancy levels in the ACT declined in the reporting period (60 to 53 per cent), with rates in other major cities remaining steady.
Source: architectureanddesign.com.au